Business Statistics 3E , Black, 2000 A Abbott Mead Vickers, 44 Absolute zero, 7 Acceptance sampling, 767-773 consumer's risk, 769 determining error, 768-770 double-sample plan, 767-768 ethical considerations, 776 multiple-sample plan, 768 operating-characteristic curve, 770-772 producer's risk, 769 single-sample plan, 767 Type I error, 768-770 Type II error, 768-770 Additive law of probability, 97-105 complement of a union, 102-103 general law of, 97-99 probability matrix, 99-103 special law of, 103-105 Adjusted R2, 521-522 Advanced exponential smoothing, 645 Advantage, 41 Advertising agencies, 44 risk-taking by, 721 After-process quality control, 739 Agri-business time-series database, 12 Airline passengers, 153 Airline ticket costs, 703 Alamo, 41 Allianze, 60 All possible regressions, 549 Alpha, 287-288 ethical considerations, 326 p-value method, 294 relationship to beta, 288 Alphatronix, 733 Alternative hypothesis, 285-286 chi-square goodness-of-fit test, 672 chi-square test of independence, 682 choosing and Type II error, 320 Friedman test, 713 Kruskal-Wallis test, 709 Mann-Whitney U test, 693 multiple regression analysis, 516 one-tailed test, 289-290 one-way analysis of variance, 395 randomized block design, 416 runs test, 689, 690 two-way analysis of variance, 428 Wilcoxon matched-pairs signed rank test, 701 Analog models, 456 Analysis of variance (ANOVA) assumptions underlying, 396-397 completely randomized, 394-406 defined, 393 factorial design, 426-443 multiple comparison tests, 406-414 one-way, 394-406 two-way, 426-443 Andersen Worldwide, 55 A posteriori, 407 A priori, 89, 407 Area sampling, 219-220 advantages of, 220 disadvantages of, 220 two-stage sampling, 220 Arithmetic mean, 40-41. See also Mean Asatsu, 44 Association correlation, 489-493 covariance, 493-494 Australia, 48 Autocorrelation, 646-650 addition of independent variables, 650 defined, 646 Durbin-Watson test, 647-650 first-differences approach, 650 first-order, 647 MINITAB, 667 transforming variables, 650 ways to overcome, 650 Autoregression, 651-652 defined, 651 Averaging models, 636-640 moving averages, 638-639 simple average model, 636-638 weighted moving averages, 639-640 Avis, 41 AXA-UAP, 60 B Backward elimination, 554-555 BankAmerica, 46 Banking industry, national ideology and performance, 413 Bank of Tokyo-Mitsubishi, 46 Base period for index numbers, 594 Bayes, Thomas, 119 Bayes' rule, 119-122, 804 total probability formula, 120 tree diagram, 121 BDO Seidman, 55 Belgium, 48 Bell-shaped curve, 71-72, 180 Benchmarking, 741 ethical considerations, 776 Berends, Boyd, 451 Berg, Steven, 662 Beta, 288 relationship to alpha, 288 Bimodal, 38 Binomial distributions, 137-147 approximating by Poisson distribution, 154-155 assumptions of, 137-138 binomial tables for, 141-142 combinations, 139 compared to Poisson distributions, 148 computer for, 142-143, 170 defined, 137 ethical considerations, 160 Excel, 142-143, 170 formula for, 140 graphing, 145-146 hypergeometric distributions compared to, 158-159 mean of, 144 MINITAB, 142-143, 170 normal curve to work problems of, 191-195 replacement and, 137 sample size and, 138 solving problems of, 138-141 standard deviation, 144 Blocking variables, 415 BMW, 46, 208 BNP-SG-Paribas, 46 Booth, David, 536 Bounds, 271 Box and whisker plots, 72-75 defined, 72 hinges, 73 inner fences, 73 MINITAB, 86 outer fences, 73 outliers, 73 skewness, 74 uses of, 73-74 Brazil, 48 Brouthers, L., 413 Bruskin-Goldring Research, 109 Brzozowski, Leonard, 780 Budget, 41 C Canada, 48 Carlson Marketing Group, 44 Car rental companies, 41 Cause-and-effect diagrams, 748-749 MINITAB, 783-784 |